Quick Answer
As of August 17, 2026, Bitcoin is $63,349.7. Source: Live market data via Convex.
Cite this: https://convextrade.com/metrics/btc#answer · Data: CSV (stable URL)
Bitcoin
Bitcoin spot price, the original cryptocurrency and macro risk-on barometer.
The Bitcoin is currently $63,349.7, last updated . Live BTC spot price from exchange feeds
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Free macro alerts →Crypto is the highest-beta macro asset. Bitcoin correlates loosely with tech equities and inversely with real yields, while Ethereum trades more like a high-beta call on network adoption. ETF flows, stablecoin supply, and exchange balances reveal the positioning underneath the price.
Current Reading
Live BTC spot price from exchange feeds
AI Analysis
Jul 30, 2026THESIS HEALTH: CONFIRMED on direction, not on target. BTC is $63,715.9 on July 29 against $66,340 on July 21, down 3.96% over eight days, which leaves it 1.1% above the top of the $58,000 to $63,000 target band and 1.1% above the $63,000 level the July 21 emerging thesis named as its confirmation trigger. Approached, not breached, and the upgrade from LOW to MODERATE rests on the direction delivering rather than on either level being taken out. KEY DATA with rate of change: (1) BTC down 3.96% over eight days, sitting just above the $63,000 trigger with the $70,000 invalidation never threatened. (2) DFII10 2.41%, up 21bp on the month, accelerating, the structural headwind. (3) HY OAS 2.84% and VIX 20.66, both worse than their July 21 readings, so the risk-off leg is engaging. (4) BTC down 3.96% against SPX down 2.50% over the same eight days is the only cross-check available; ETH prints $1,897.45 with no prior observation in this pull, so it supports a level statement and nothing about direction, and I cannot establish that the weakness is broad across crypto rather than specific to BTC. COUNTER-THESIS and the most dangerous assumption: entering the band costs only 1.1% while the bulk of the remaining payoff needs the full move toward $58,000, roughly 9% lower, which requires the growth-crack branch to fire rather than a drift. The positioning evidence I am leaning on is an eight-day-old CFTC vintage, and this pull carries no hash-rate, flow or open-interest series to confirm the on-chain leg. If the disinflation branch plays out and real yields fall from 2.41%, BTC is among the largest beneficiaries. Hold, do not add, and let the invalidation do the work.
What BTC Tracks and Why It Matters
BTC is Bitcoin spot price, the original cryptocurrency, traded 24/7 on global exchanges and held in approximately $1.5 trillion of market cap as of early 2026. Bitcoin has a fixed maximum supply of 21 million coins, with new issuance halving roughly every four years; the most recent halving (April 19, 2024) cut block rewards from 6.25 to 3.125 BTC per block.
Why it matters: BTC is the cleanest expression of the digital-scarcity narrative and is increasingly behaving like a macro asset rather than a pure tech-startup speculation. The January 2024 launch of US spot Bitcoin ETFs (IBIT, FBTC, others) brought $37 billion of inflows in the first year and pushed BTC into mainstream institutional portfolios. Post-ETF, the BTC-SPX rolling 50-day correlation has averaged approximately 0.5 (versus near 0 in 2022), indicating partial integration with traditional risk markets.
How to Read BTC Right Now
BTC traded $77,160.91 on the morning of April 29, 2026, off the all-time high of $126,198 set on October 6, 2025. Total spot Bitcoin ETF AUM reached approximately $102 billion through April 23, 2026, with IBIT alone at $63.1 billion and weekly inflows running $824 million in the week of April 20-24.
The drawdown from $126K to $77K (-39%) over six months is a substantial correction but well within historical Bitcoin cycle norms (prior cycles drew down 75-93% peak-to-trough). The bull case is that ETF flows are providing a structural bid that breaks the historical 4-year cycle and that BTC re-rates higher as a sovereign-debasement hedge. The bear case is that the post-halving cycle bottom has not yet arrived and that further drawdowns are typical of post-ATH bear markets in crypto.
Historical Range and Drivers
Modern BTC range: $1 in 2010-2011, $19,783 in December 2017 (cycle 1 ATH), $3,250 in December 2018 (-73% calendar 2018), $68,789 in November 2021 (cycle 2 ATH), $15,480 in November 2022 (FTX collapse), $126,198 in October 2025 (cycle 3 ATH), $77,160 April 2026. The four-year halving cycle has historically anchored major peaks 12-18 months post-halving and major troughs 18-24 months post-peak. The post-2024 ETF era is the test of whether this cycle persists.
What to Watch in BTC
First, weekly spot ETF net flows. Sustained positive flows above $500M/week support price; sustained outflows above $500M/week signal institutional rotation away.
Second, the BTC-SPX rolling correlation. Above 0.6 indicates BTC is trading as risk asset, below 0.2 signals decoupling and digital-gold thesis activation.
Third, on-chain metrics: realized cap, exchange balances, and long-term holder supply. Long-term holder net selling at scale historically marks cycle tops.
Recent Data
Download CSV| Date | Value | Change |
|---|---|---|
| Aug 17, 2026 | $63,349.7 | +0.74% |
| Aug 16, 2026 | $62,887.4 | -0.32% |
| Aug 15, 2026 | $63,088.3 | +0.08% |
| Aug 14, 2026 | $63,039.3 | -0.57% |
| Aug 13, 2026 | $63,401 | -0.04% |
| Aug 12, 2026 | $63,427.8 | -0.28% |
| Aug 11, 2026 | $63,607.1 | -0.56% |
| Aug 10, 2026 | $63,962.5 | -1.38% |
| Aug 9, 2026 | $64,854.7 | -0.17% |
| Aug 8, 2026 | $64,967.3 | +0.09% |
| Aug 7, 2026 | $64,909.9 | +0.92% |
| Aug 6, 2026 | $64,321 | -0.53% |
| Aug 5, 2026 | $64,664.6 | +0.85% |
| Aug 4, 2026 | $64,120 | +0.96% |
| Aug 3, 2026 | $63,511.3 | +0.01% |
| Aug 2, 2026 | $63,507.7 | +1.10% |
| Aug 1, 2026 | $62,816.6 | -0.09% |
| Jul 31, 2026 | $62,871.9 | -2.95% |
| Jul 30, 2026 | $64,780.9 | +1.19% |
| Jul 29, 2026 | $64,021.4 | +0.19% |
| Jul 28, 2026 | $63,897.1 | +0.22% |
| Jul 27, 2026 | $63,759.6 | -2.52% |
| Jul 26, 2026 | $65,407.3 | +1.61% |
| Jul 25, 2026 | $64,369.6 | — |
Featured Scenario AnalysisHow Bitcoin responds to macro scenarios
Where Do Things Stand in April 2026?BTC ~$77,000 After a 14-Month Bear vs Gold
Where Do Things Stand in April 2026?VIX 17.83, BTC $77,160
Where Do Things Stand in April 2026?BTC ~$77,000 After the October 2025 Peak
Where Do Things Stand in April 2026?BTC ~$77,000, Memory of the 2022 Drawdown Is Fresh
Where Do Things Stand in April 2026?DXY 98.92, BTC ~$77,000
Where Do Things Stand in April 2026?Gold $4,613, BTC $77,160, Ratio 16.3
Where Do Things Stand in April 2026?Real Yield 1.93%, BTC ~$77,000
Where Do Things Stand in April 2026?SPY $711, BTC $77,160
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated real-time. This page is for informational purposes only and does not constitute financial advice.